David J. Jr. Houston Sells 1,100 Shares of Blue Hills Bancorp Inc (BHBK) Stock
Blue Hills Bancorp Inc (NASDAQ:BHBK) Director David J. Jr. Houston sold 1,100 shares of Blue Hills Bancorp stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $20.39, for a total value of $22,429.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Blue Hills Bancorp Inc (NASDAQ:BHBK) traded down $0.05 on Thursday, hitting $20.70. The stock had a trading volume of 52,301 shares, compared to its average volume of 60,610. The company has a market cap of $547.27, a price-to-earnings ratio of 35.17 and a beta of 0.27. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.28. Blue Hills Bancorp Inc has a 1-year low of $16.40 and a 1-year high of $22.05.
Blue Hills Bancorp (NASDAQ:BHBK) last released its quarterly earnings data on Wednesday, October 25th. The bank reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The business had revenue of $19.78 million during the quarter. Blue Hills Bancorp had a return on equity of 3.50% and a net margin of 19.33%. equities research analysts expect that Blue Hills Bancorp Inc will post 0.56 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Wednesday, November 29th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.90%. The ex-dividend date was Tuesday, November 28th. Blue Hills Bancorp’s dividend payout ratio is presently 75.00%.
Several brokerages have recently issued reports on BHBK. Piper Jaffray Companies reiterated a “hold” rating and set a $21.00 price target on shares of Blue Hills Bancorp in a research report on Wednesday, November 1st. BidaskClub cut Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 price target on shares of Blue Hills Bancorp in a research report on Friday, August 18th.
Several institutional investors and hedge funds have recently added to or reduced their stakes in BHBK. Susquehanna International Group LLP bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $269,000. Parametric Portfolio Associates LLC bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $277,000. GSA Capital Partners LLP boosted its stake in shares of Blue Hills Bancorp by 9.3% during the 2nd quarter. GSA Capital Partners LLP now owns 19,074 shares of the bank’s stock worth $341,000 after acquiring an additional 1,624 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of Blue Hills Bancorp by 31.7% during the 2nd quarter. Alliancebernstein L.P. now owns 19,100 shares of the bank’s stock worth $342,000 after acquiring an additional 4,600 shares in the last quarter. Finally, PDT Partners LLC bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $401,000. 51.88% of the stock is owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “David J. Jr. Houston Sells 1,100 Shares of Blue Hills Bancorp Inc (BHBK) Stock” was originally published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2017/12/14/david-j-jr-houston-sells-1100-shares-of-blue-hills-bancorp-inc-bhbk-stock.html.
About Blue Hills Bancorp
Blue Hills Bancorp, Inc is a bank holding company for the Blue Hills Bank (the Bank). Blue Hills Bank is a Massachusetts-chartered savings bank. As of December 31, 2016, the Bank provided financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts.
Receive News & Ratings for Blue Hills Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Hills Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.